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number three, we have a long-term opportunity around energy. america can become an energy exporter. how do we do that in a way that deals with some of the environmental challenges that we have at the same time? that's going to be a third thing. but the most immediate thing i've got to do, starting on january 1st, if congress doesn't act before the end of the year is make sure that taxes are not going up on middle class families. because it is going to be very hard for the economy to sustain its growth trends if suddenly we have a huge fight taken out of the average american's paycheck. >> new gun regulations. mayor bloomberg of new york told me a couple weeks ago on this program that ought to be your number one agenda item. you know how hard this is. do you have the stomach for the political fight for new gun control laws? >> you know, david, i think anybody who was up in newtown who talked to the parents, who talked to the families, understands that something fundamental in america has to change. and all of us have to do some soul serving, including me as president, that we allow a
number three, we have a long-term opportunity around energy. america can become an energy exporter. how do we do that in a way that deals with some of the environmental challenges that we have at the same time? that's going to be a third thing. but the most immediate thing i've got to do, starting on january 1st, if congress doesn't act before the end of the year is make sure that taxes are not going up on middle class families. because it is going to be very hard for the economy to sustain its...
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Dec 28, 2012
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becoming energy independent on its own. do you really think it will happen? because i still talk to a couple of people in the oim and gas industry that say, you know what? it's a far cry from the reality out there. we're still going to see the middle east being the dominating oil exporter. >>. >> i think in terms of any oil forecast, my experience is i'm lucky if i can forecast the oil price more than six months. so to forecast it eight years out, what's happened also is in terms of supply is that last year another reason why the oil price got held up was that we had problems in the north sea. the only nonopec user who came up with the goods was the u.s. everybody else failed as they always do. >> i was just wondering, christian, what your thoughts are. also, we were looking at the higher oil prices. higher being anything north of 100 at the time saying it's going to slow down a recovery in markets. this time around, now we're using to prices being in the region of 100. but what are your thoughts when you look at oil at the moment? >> well, we've had these tw
becoming energy independent on its own. do you really think it will happen? because i still talk to a couple of people in the oim and gas industry that say, you know what? it's a far cry from the reality out there. we're still going to see the middle east being the dominating oil exporter. >>. >> i think in terms of any oil forecast, my experience is i'm lucky if i can forecast the oil price more than six months. so to forecast it eight years out, what's happened also is in terms of...
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Dec 31, 2012
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very cheap energy without being driven by economic weakness. that's one thing. and then i guess on the potential negative side, i really do think that there's always the chance that the central banks have kind of, you know, kind of -- they basically have the system in therapy right now and they think they have the medical dosages right in terms of free money. and if they sort of lose control, whether it's in europe or somewhere else, i really do think the markets should be unprepared for that if we go down a few months down that road. >> mike, ezra, good to have you on the program. thanks so much. >> thank you. >> have a great new year. >>> up next on the "the wall street journal report," the faces that made the news of 2012 on our show. we will bring you the best of the best. find us on facebook/mariabartiromo. back in a moment. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you
very cheap energy without being driven by economic weakness. that's one thing. and then i guess on the potential negative side, i really do think that there's always the chance that the central banks have kind of, you know, kind of -- they basically have the system in therapy right now and they think they have the medical dosages right in terms of free money. and if they sort of lose control, whether it's in europe or somewhere else, i really do think the markets should be unprepared for that...
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Dec 27, 2012
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. >> we try to move more energy outside of the u.s. to asia in particular, getting those contracts in place will be more important. but that is a ten year timeframe. >>> not-so-good news for nokia, a month after the launching in the u.s., cell phones are offered at steep discounts or free on u.s. carriers or amazon. nokia is betting heavily on that phone which runs microsoft's windows 8 system. it launched in november with at&t for $99. another version of the phone also available force 99 at verizon. some discussion, dennis, this is just how things work. >> i don't think that's how things work. if you buy an iphone 4s. this is not the most current model, iphone 4s, had verizon, tough pay $99. that is the outdated model. i encourage -- i don't know if people can tweet to the show, i would love to see photos of people actually using the nokia lumia. >> even for free, you mean? >> free or charged. >> would they use it for free? >> don't believe it is being used. >> on the subway, i count who's doing what. i've seen -- >> being very paroch
. >> we try to move more energy outside of the u.s. to asia in particular, getting those contracts in place will be more important. but that is a ten year timeframe. >>> not-so-good news for nokia, a month after the launching in the u.s., cell phones are offered at steep discounts or free on u.s. carriers or amazon. nokia is betting heavily on that phone which runs microsoft's windows 8 system. it launched in november with at&t for $99. another version of the phone also...
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Dec 24, 2012
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we're looking at the energy boom in the country. we're looking at the wireless mobility aspects to technology and we're looking at the -- one other phenomenon is the competitiveness. >> does that bring mom and pop home? >> what will bring mom and pop home ultimately is losing a little bit of money in their bond funds. over $1 trillion in bond funds over the last four years. but if you look at survey work, particularly survey of consumer finance by the federal reserve board, you'll see that people still want to buy equities. that's been true for the survey for the last, you know, 10, 12 years, despite what just happened. most people don't understand this, 35 to 39-year-olds is a cohort of the americans who begin to save for retirement. essentially they get married in their mid-20s, have a couple of kids, and buy the house and then go off to save for retirement and children's education. that group peaked in 2000 in terms of americans, fell since then, turns in 2013, starts to grow and it will be bigger than the baby boom is over the n
we're looking at the energy boom in the country. we're looking at the wireless mobility aspects to technology and we're looking at the -- one other phenomenon is the competitiveness. >> does that bring mom and pop home? >> what will bring mom and pop home ultimately is losing a little bit of money in their bond funds. over $1 trillion in bond funds over the last four years. but if you look at survey work, particularly survey of consumer finance by the federal reserve board, you'll...
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Dec 31, 2012
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the energy complex trading slightly lower across the board this morning. let's take a look at the west texas intermediate price, lower by about half a percent. brent price slightly more than that today. nat gas is the biggest loser, more than 2% of a decline there. temperatures across the country, not cold enough to keep that demand up right now. keep in mind, that the energy complex is fairly well supplied, as we head into the end of the year. meantime, the fiscal cliff, of course, is a concern here. but traders are saying that they do think we're going to get some sort of a deal within the foreseeable future. that's why prices are not breaking down even more than that. on the year, looking at wti, the price showing 7.25% decline. a quick look at how the metals are trading as well. gold is getting a bid today. those gains are somewhat muted. still under the 1,700 mark. copper is the bigger mover as we're looking at the pmi data out of china. last but not least, gold on track to show a 5% gain as the best performer in the metals con flex. >> let's head to
the energy complex trading slightly lower across the board this morning. let's take a look at the west texas intermediate price, lower by about half a percent. brent price slightly more than that today. nat gas is the biggest loser, more than 2% of a decline there. temperatures across the country, not cold enough to keep that demand up right now. keep in mind, that the energy complex is fairly well supplied, as we head into the end of the year. meantime, the fiscal cliff, of course, is a...
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Dec 26, 2012
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eastern time. >>> it's been quite a year for the energy sector. sharon epperson with a look at what could be in store for the industry in 2013. >> reporter: on the road to north american energy independence, the next decade is crucial. and in the new year, the dramatic rise in u.s. oil production will continue its extraordinary climb. at the same time, u.s. petroleum supplies will have a greater reach. in the first quarter of 2013, more of the nation will have additional pipeline capacity. helping to alleviate the abundance of domestic supplies and perhaps mitigate any meaningful price gains. after a year full of fluctuations, by the end of 2013 oil prices my not stray far from where they started the year. it's no secret we have a lot of natural gas. enough to have flooded the market with more supply than the nation could possibly have consumed this year. but those days may be coming to an end. what will we do with all this natural gas? in the new year, the u.s. will find more ways to utilize or export the cheaper, cleaner fossil fuel and set the
eastern time. >>> it's been quite a year for the energy sector. sharon epperson with a look at what could be in store for the industry in 2013. >> reporter: on the road to north american energy independence, the next decade is crucial. and in the new year, the dramatic rise in u.s. oil production will continue its extraordinary climb. at the same time, u.s. petroleum supplies will have a greater reach. in the first quarter of 2013, more of the nation will have additional pipeline...
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Dec 28, 2012
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energy, we believe the u.s. is moving more closely toward energy independence over the next three to five years. lastly industrials are the most eclectic sector in the u.s. market and really focus on the industrials, machinery, railroad companies that will really benefit from the domestic revival we see the second half of 2013. >> i saw a piece yesterday, brian, that said one of the big trends of the year is scruffy beards, very light beards on celebrities. i can see you're enjoying that trend. looks good. >> thank you carl. >> see you next time. >>> financials and the fiscal cliff. what is next for the big bank trade after a big run up in 2012? we have sanford bernstein's brad hintz to weigh in. first rick santelli always clean shaven is joining us next working on something for a little later on. >> we have jeff carter. we're going to talk about the fiscal cliff but from a much more cynical perspective. he believes that the cbo's call, if we go over the cliff in recession, well, he doesn't believe him. he says
energy, we believe the u.s. is moving more closely toward energy independence over the next three to five years. lastly industrials are the most eclectic sector in the u.s. market and really focus on the industrials, machinery, railroad companies that will really benefit from the domestic revival we see the second half of 2013. >> i saw a piece yesterday, brian, that said one of the big trends of the year is scruffy beards, very light beards on celebrities. i can see you're enjoying that...
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Dec 31, 2012
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that's led by energy sector and stocks. ex-financials. and what's also giving us a bit of pause heading into 2013 is the fact that these expectations are calling for about a 7% increase in earnings for next year which may not seem heroic on the surface, but it is a reacceleration from the 5% that we're going to post most likely in 2012. >> you have to think about fundamentals then. >> yeah. i'm worried a bit about that and the fact we're probably going to see a reset in earnings estimates in the next three or four weeks. because these negotiations, we're going to get some closure and resolution. it's still going to be a 1%, 1.5% fiscal drag. that's going to be an impact on earnings heading into 2013. >> rick santelli, what do you make of the reporting that john harwood just came out with a moment ago? what do you think that means? >> well, i found it a little bit curious. because here we are with mitch mcconnell and the vice president trying to work this out from a senate perspective. and the story is the house isn't going to vote for it.
that's led by energy sector and stocks. ex-financials. and what's also giving us a bit of pause heading into 2013 is the fact that these expectations are calling for about a 7% increase in earnings for next year which may not seem heroic on the surface, but it is a reacceleration from the 5% that we're going to post most likely in 2012. >> you have to think about fundamentals then. >> yeah. i'm worried a bit about that and the fact we're probably going to see a reset in earnings...
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Dec 28, 2012
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only one of them can be a tech stock, one a health care stock, one a financial, only one can be an energy company and one an industrial and only one a food and beverage-maker. what if you're not sure? always err on the side of caution. if two stocks trade together, underlying companies succeed or fail based on the same factors, you're not diversified, oil driller and oil producer, people think they are different, both part of the same sector, software and hardware, look, both techs whether we like it or not, not doing this to be arbitrary or capricious or make it more difficult to pick stocks. when you get too concentrated in one area the moment something bad happens to one of the two big stocks in that area you want to throw yourself off the bridge because the loss will be enormous. imagine if you owned too many industrials when the economy started to slow due to the blow up in europe and fast-growing markets like china slammed on the brakes with higher interest rates, you got obliterated. how about if you owned too many banks right before the financial crisis hit? i know a lot of people
only one of them can be a tech stock, one a health care stock, one a financial, only one can be an energy company and one an industrial and only one a food and beverage-maker. what if you're not sure? always err on the side of caution. if two stocks trade together, underlying companies succeed or fail based on the same factors, you're not diversified, oil driller and oil producer, people think they are different, both part of the same sector, software and hardware, look, both techs whether we...
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Dec 24, 2012
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gold has some energy. some of the currencies have been exhibiting energy. for the most part, we have been grinding sideways slightly higher in the stocks. >> so what happens in january? do you think we're going to see any type of switch in terms of people's mind-sets and willingness to invest? >> well, i think that's a great question at this point. i mean, i think there's outer extreme levels right now that you have to keep your eye on. i think for the most part, it's anyone's guess what will actually happen and the development that will take place. but the markets established this outer extremes right now, which will probably be tested. i mean, again, whether it's because of confidence and some sort of optimism or reassurance in the market and we'll test an upper level or concern and, you know, risk and fear associated with the market. right now what we've been seeing coming into the end of the year is a an increase in volatility and that fear could cause the volatility index. surprisingly, i was thinking about it this morning coming in, surprisingly, that
gold has some energy. some of the currencies have been exhibiting energy. for the most part, we have been grinding sideways slightly higher in the stocks. >> so what happens in january? do you think we're going to see any type of switch in terms of people's mind-sets and willingness to invest? >> well, i think that's a great question at this point. i mean, i think there's outer extreme levels right now that you have to keep your eye on. i think for the most part, it's anyone's guess...
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some popular tax deductions and credits from the stimulus bill, on clean energy, wind energy, education tax credits would be preserved under this deal. unemployment benefits extended for a year. there would be a doc fix. that is preventing doctors who work under medicare from having their reimbursements dramatically cut and you've had a fix to the alternative minimum tax, protecting tens of millions of families from a huge increase in their tax bill based on some provision that was originally intended only to hit people at the top. that's what we know so far but there's still elements in play and democrats have not yet scheduled a caucus meeting in the senate to sell this deal to their members. when they do that, you can expect vice president biden to go to the hill, talk to democrats, try to persuade them to vote for this. >> you mentioned in the biden/mcconnell talks, a couple of sticking points. one is the sequestering. what was the second one? >> well, there's disagreements over the estate tax. there's disagreements over the, how to pay for and whether to pay for the so-called doc f
some popular tax deductions and credits from the stimulus bill, on clean energy, wind energy, education tax credits would be preserved under this deal. unemployment benefits extended for a year. there would be a doc fix. that is preventing doctors who work under medicare from having their reimbursements dramatically cut and you've had a fix to the alternative minimum tax, protecting tens of millions of families from a huge increase in their tax bill based on some provision that was originally...
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Dec 31, 2012
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energy costs in terms of natural gas are down. china is reinstituting fiscal stimulation and japan is on the move in terms of easier money. all that is a positive, but we have come to expect in the asset markets a 10%-plus type of return for taking equity risk. and really if the real economy only grows at 2% to 3%, it is a case of spending straw into gold and how long that will continue. a 5% return from stocks, 2% to 3% from bonds is something we should expect going forward even with the pluses that you mentioned. >> what about your outlook for gold? your outlook is that gold is going to move higher in 2013, and i would assume that's because you know the fed will be in the house. >> we think gold will move higher as will commodities. it is hard to say exactly how much. gold to my way of thinking is a function of real interest rates to the extend real interest rates continue low and even come lower than gold can catch a bid, but ultimately it's an asset that depends on inflation to the extent that the fed and other central banks c
energy costs in terms of natural gas are down. china is reinstituting fiscal stimulation and japan is on the move in terms of easier money. all that is a positive, but we have come to expect in the asset markets a 10%-plus type of return for taking equity risk. and really if the real economy only grows at 2% to 3%, it is a case of spending straw into gold and how long that will continue. a 5% return from stocks, 2% to 3% from bonds is something we should expect going forward even with the...
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Dec 31, 2012
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spoke to me by phone as i was preparing to go on with a source familiar with the talks who noted a wind energy tax credit is preserved as the president eluded to in his remarks. also depreciation for businesses with spending money on new equipment. all of those things arement wills of the tax deal, but until they get the sequester, the budget elements worked out, the deal's not going to be finished. >> now, the deduction phaseout. this is relatively new. any idea at this point which deductions we're talking about and any timetable for them? >> i have to confess, bill, i don't know how exactly that works. these are provisions that were first initiated in the 1990s as a way of getting more revenue from people at the top without raising their rates. so what you do is you take the same deductions that other people can take and you limit their value over a certain income level. this is in addition to something the president's proposed of making the tax deductions for people above a certain income level valued only at a lower percentage tax rate than the 39.6% rate. we'll see how all of these things
spoke to me by phone as i was preparing to go on with a source familiar with the talks who noted a wind energy tax credit is preserved as the president eluded to in his remarks. also depreciation for businesses with spending money on new equipment. all of those things arement wills of the tax deal, but until they get the sequester, the budget elements worked out, the deal's not going to be finished. >> now, the deduction phaseout. this is relatively new. any idea at this point which...
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Dec 28, 2012
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energy stocks trading lower for the fifth session in a row largely on fiscal cliff worries. a lot of traders worried about a barrage of spending cuts, tax increases that come with that cliff. take a look at we look at conoco phillips, valero energy, marathon oil, exxon mobil, and chevron all in the red. finally, some retailers are among the few winners today. look at walgreens, some of the others here. even american express. anything related to consumer spending appears to be hanging on. that does it for us here. let's get back to headquarters. scott wapner and the fast money report. >> all right. thanks so much. welcome to the halftime show on this friday. four hours to go until the close. here is where we stand at this hour on wall street. red arrows across the board. the dow is down nearly 70 points. here's what we're following on halftime right now. treasure and trash looking back at 2012's biggest winners and losers. traders tell you what the new year may bring. hi higher tech's ann blinblat joins us with what names to watch in 2013. the top story, over the cliff, where
energy stocks trading lower for the fifth session in a row largely on fiscal cliff worries. a lot of traders worried about a barrage of spending cuts, tax increases that come with that cliff. take a look at we look at conoco phillips, valero energy, marathon oil, exxon mobil, and chevron all in the red. finally, some retailers are among the few winners today. look at walgreens, some of the others here. even american express. anything related to consumer spending appears to be hanging on. that...
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Dec 26, 2012
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wyden is set to become chairman of the senate energy and natural resources committee next month. opponents believe the unchecked exports would threaten jobs and exports in manufacturing. >>> in the meantime, the low cost of gas here brings a plan to build a north american facility just to ship it back to europe. the "wall street journal" reports the company will build the $659 million plant in the u.s. or canada and the facility will huge natural gas to produce iron which will be sent back to europe to be processed into steel. >>> meantime, the nasdaq falling today but get this, shares of research in motion, yes, r.i.m., bucking the trend. seema mody with us now. this is not a typo, is it? >> not a typo. take a look at shares of research in motion. as you point out, best performing stock on the nasdaq 100, quite a sharp rebound when you take a look at shares in comparison to last friday, when the stock dipped lower by around 20%. of course, many traders calling this a relief rally when you have a lot of traders covering their shorts. there is also some blogs out there leaking pic
wyden is set to become chairman of the senate energy and natural resources committee next month. opponents believe the unchecked exports would threaten jobs and exports in manufacturing. >>> in the meantime, the low cost of gas here brings a plan to build a north american facility just to ship it back to europe. the "wall street journal" reports the company will build the $659 million plant in the u.s. or canada and the facility will huge natural gas to produce iron which...
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Dec 24, 2012
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what can we expect from energy in 2013? joining us from london is jason from european oil and gas research at mccard securities. i'm going to ask you an overall question, jason, and i don't know how you answer this, but, for investors, that are looking at a way to play energy, i mean, is it going to be basically hydro carbon based? are we back to that where it's either natural gas or oil exploration or some facet of that? >> i certainly think so. i think that did we're looking for trends in 2013, you know, the potential re-emergence of higher natural gas prices could be there. we think it's going to take some time for that to happen. i think the trend in 2013 is going to be a continuation of the 2012 trend, a very high refining margins in the midcontinent of the u.s. and that's because of the rising u.s. crude oil production from places like the balkans. we still think that stocks like western refining and holly frontier could still be very good investments for 2013. and then those oil produces like eog resources would be a
what can we expect from energy in 2013? joining us from london is jason from european oil and gas research at mccard securities. i'm going to ask you an overall question, jason, and i don't know how you answer this, but, for investors, that are looking at a way to play energy, i mean, is it going to be basically hydro carbon based? are we back to that where it's either natural gas or oil exploration or some facet of that? >> i certainly think so. i think that did we're looking for trends...
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Dec 26, 2012
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back, guy, but not come racing back and it's all because of the shale plays and that's why i think energy produced out of there is going to put a cap on how much of a rally we're going to see out of coal. >> how about jcpenney? anybody willing to take a bet? we had an analyst on "squawk on the street" on monday who visited stores over the weekend, said, you know what, the traffic was good. they went back to their promotion always and brought people back in. >> until there's an actual turn in the data, i don't care what a store looks like on a tuesday. i can't invest based on that. when we look at the data, technically, the stock's been acting a little better. there's a ton of shorts in this thing, though. that's hard to go by and there's just not turn yet. i'd rather buy the thing higher when there's some sense that the business has stabilized. i don't want to buy it here where we really have no idea when these metrics bottom. so, this is not something where i feel like i have any kind of edge over anyone else. i'm content to let it pass. >> i'll just offer the contrary view to what josh
back, guy, but not come racing back and it's all because of the shale plays and that's why i think energy produced out of there is going to put a cap on how much of a rally we're going to see out of coal. >> how about jcpenney? anybody willing to take a bet? we had an analyst on "squawk on the street" on monday who visited stores over the weekend, said, you know what, the traffic was good. they went back to their promotion always and brought people back in. >> until...
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Dec 26, 2012
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nymex leading the energy complex. we had the contract here go above $91. that's a two-month high for the current contract. partly we've seen a little bit of a weakening of the dollar. that has certainly helped commodities. also optimism about the fact they're getting back to work in washington to try to avert the year-end fiscal cliff situation. meantime, one of the things that's interesting is how wti nymex has performed. year-to-date it has been the worst performer with regard to its loss versus a gain on the benchmark now for the global crude of brent. because we continue to see a glut here in the u.s. of oil that's produced, and unable to get out to the rest of the market, to the global market, because of a lack of infrastructure. in fact, that brent premium for a second year has topped $15 on average for the year. we're close to $20 here. nat gas also getting a bit of a boost today. the near term forecast certainly chilly. you can see that with all of that snow that's headed towards the east coast from the midwest. back to you. >> thank you very much,
nymex leading the energy complex. we had the contract here go above $91. that's a two-month high for the current contract. partly we've seen a little bit of a weakening of the dollar. that has certainly helped commodities. also optimism about the fact they're getting back to work in washington to try to avert the year-end fiscal cliff situation. meantime, one of the things that's interesting is how wti nymex has performed. year-to-date it has been the worst performer with regard to its loss...
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Dec 31, 2012
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and the second is, of course, the remarkable thing going on with energy based around shale, gas and oil. if these two sources of strength persist, you know, is the disappointment about the cliff enough to negate those two things? i suspect the answer is probably not. what it might mean is the difference between an economy that's going in the 2% vicinity of one that could, if a credible deal unleached from the korcht sector and beyond, one that could get back to what most people were -- if not normal, think of the old one in the 3% vicinity. >> jim, to the extent a client were to call you today and say, look, the market is dounl a little bit and who knows if it will be later today. do us this is a buying opportunity, then? >> well, you know, because i look at, obviously, things in such a global context, in any case, because the u.s. market has rallied so much from 2009, and as you guys, i hope, recall, i've been in the bull camp ever since, measures of valuation in particular so-called capital adjusted p/e ratio tight model which is a very conservative approach. the u.s. market isn't che
and the second is, of course, the remarkable thing going on with energy based around shale, gas and oil. if these two sources of strength persist, you know, is the disappointment about the cliff enough to negate those two things? i suspect the answer is probably not. what it might mean is the difference between an economy that's going in the 2% vicinity of one that could, if a credible deal unleached from the korcht sector and beyond, one that could get back to what most people were -- if not...
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Dec 28, 2012
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energy prices and dependent reducing. look-term we get to the right place. but we've got to get a credible solution that has integrity. the more integrity the solution has, the more it addresses the long-term issues. the more cash will move out of investor portfolios and into markets. >> because looking at across this, as you say, valley, and abroad, there are people like mark fauber that think that assets will be marked down 50% based on what we already owe in terms of commitments to be made and entitlements in this country. so that what we've seen in other parts of the world is already going to happen here, that we can't really change our future. so you could make a -- you could make a decision as a wealth manage her to get defensive, not based on the fiscal cliff but based on the fiscal abyss. >> you could. for individuals, though, you asked the question earlier, andrew, what can you do? it's almost impossible for individual investors to market and be successful. so what do you do in an environment like this? every individual ought to have a plan. they ou
energy prices and dependent reducing. look-term we get to the right place. but we've got to get a credible solution that has integrity. the more integrity the solution has, the more it addresses the long-term issues. the more cash will move out of investor portfolios and into markets. >> because looking at across this, as you say, valley, and abroad, there are people like mark fauber that think that assets will be marked down 50% based on what we already owe in terms of commitments to be...
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Dec 26, 2012
12/12
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CNBC
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the notion we're running out of oil, it's going to be gone, we need the government to create the next energy industry. we will spend all this money on these renewable things. it will be great. we know how to do it, we have experts. then a disruptive market driven technology comes along that generates $2 natural gas makes all that stuff or basically puts it into the future and the money just went down the drain. a case study the way dwogovernm planning and infrastructure spending, you will get 10 cents of every dollar you spend, basically. that should be in a future book, shouldn't it, to show you the way? we have to learn it again and again. >> it should. as your kids get older and my kids are at that age, it should. as a you start to see some of the school's syllabus for business classes and marketing classes, what you will learn, joe, making a profit is the last thing any of these classes want to teach. >> it's a dirty business. >> there was a time 4 or 500 years ago a middleman marked something up, that was supposed to be a bad thing. supposed to have a zero-sum game between buyer and ser
the notion we're running out of oil, it's going to be gone, we need the government to create the next energy industry. we will spend all this money on these renewable things. it will be great. we know how to do it, we have experts. then a disruptive market driven technology comes along that generates $2 natural gas makes all that stuff or basically puts it into the future and the money just went down the drain. a case study the way dwogovernm planning and infrastructure spending, you will get...
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Dec 27, 2012
12/12
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. >> it's where to be in energy. you know, natural gas -- one of the things about natural gas which i love is that everybody kind of -- you see them come on your show and elsewhere on cnbc and they talk about this great boom that's going on in shale drilling. and i'm on the other side at this point and this is a tremendous bust in shale drilling that's going on because the price will not allow the innovations to move forward at this point. there's no demand source that's coming back into the market. >> a little better. >> there's no transport demand session coming back. >> it's better than 180. it's not what's needed for a real excitement about the fuel which is $5, $6, $7. >> so should we have a national policy to try to use more of this national gas and pump prices up and get people to do that instead of focusing on solar and hoping we'll have sun? >> yeah. by the way, i think that we should be doing both. that's really -- i think we should be doing both. but in terms of natural gas in 2012, there's been failure af
. >> it's where to be in energy. you know, natural gas -- one of the things about natural gas which i love is that everybody kind of -- you see them come on your show and elsewhere on cnbc and they talk about this great boom that's going on in shale drilling. and i'm on the other side at this point and this is a tremendous bust in shale drilling that's going on because the price will not allow the innovations to move forward at this point. there's no demand source that's coming back into...
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Dec 31, 2012
12/12
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CNNW
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and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. ♪ ♪ ♪ ♪ [ crowd cheering ] [ man ] touchdown confirmed. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [ mouse clicks ] so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds
and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. ♪ ♪ ♪ ♪ [ crowd cheering ] [ man ] touchdown confirmed. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [ mouse clicks ] so, the 5.3-liter v8 silverado can tow...
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Dec 31, 2012
12/12
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CNNW
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adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. >>> my new year's message to washington is this entire problem isn't an isolated incident. it's how par zanship and polarization have taken over congress. i'm 18 and go to college in d.c. i used to be excited for the future but i don't want a country that doesn't have a successful working legislature. congress, remember what your purpose is and get back to doing your job. >> amen. if congress can't reach a deal by midnight, higher taxes are not the only concern for americans. there are many families who might not have any money coming in at all. more than 2 million people are at risk of losin
adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. >>> my new year's message...
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418
Jan 1, 2013
01/13
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CNNW
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eye 418
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when it comes down to the last minutes here, how much less energy and vigor some of the no voters have, they -- they would like to at least be able to go home for a day before the new congress starts on january 3rd. >> they want to tell constituents, i wasn't all that into this but that had nothing to do with me. here is the problem, as we get further and further. this could have amendments and setbacks, does that give energy to interest groups who started last night? politicking and lobbying both senators and congressmen to say this is a bad deal that gives too much to the other side. >> sure this gives an opportunity for opponents to make arguments this is a bad deal. this legislation not available to anybody publicly when the senate voted it on last night. there were early returns from heritage action group telling folks to vote no on it if they could, but basically this is the opportunity the no crowd will have over the next 12 hours, 24 hours to make their arguments. this is the way congress does business in the dark of night without any transparency to what they are doing, and i
when it comes down to the last minutes here, how much less energy and vigor some of the no voters have, they -- they would like to at least be able to go home for a day before the new congress starts on january 3rd. >> they want to tell constituents, i wasn't all that into this but that had nothing to do with me. here is the problem, as we get further and further. this could have amendments and setbacks, does that give energy to interest groups who started last night? politicking and...
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320
Dec 31, 2012
12/12
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CNNW
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eye 320
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adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. >>> hillary clinton hospitalized for a blood clot. we'll have the latest on her condition in a live report. >>> 16 hours before we go over the fiscal cliff. negotiations have stalled. when congress meets this morning, can they get a hail mary deal? >> if we go over the cliff, you're going to feel it right away. what happens to your paycheck and when just ahead. >> good morning. i'm ali velshi. >> and i'm christine romans. >> and i'm sanjay gupta. good morning. soledad is off. it's monday, december 31st, 2012. >>> our starting point this morning, hillary clinton expected to ring in the new yea
adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. >>> hillary clinton...
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270
Dec 25, 2012
12/12
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CNNW
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eye 270
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and you can see the lightning strikes popping up across dallas, texas into she haveport and all this energy sliding northeast. a lot of moisture coming up from the gulf that's just enhancing it. what does that mean for today? we don't have a tornado watch yet, but i anticipate we'll see one for this afternoon, especially for the areas highlighted in the brighter orange color. good risk for a moderate risk for the risk of tornadoes, hail and possible damaging winds. some of these winds could get up to 50 miles per hour or greater. if it's not enough where we have the lightning and thunder and rain we also have dense fog. make it any more dangerous to see if there e's debris blown apart. this is really tough this morning for those that are traveling. be very careful with the fog out there and snow building in later today and tonight. a real mess for this christmas. i hope everyone can stay inside as much as possible. >> lots for you to watch. you are a very busy girl on this christmas morning. all right, bonnie, thank you. >> and on this christmas morning, a community mourning another sensele
and you can see the lightning strikes popping up across dallas, texas into she haveport and all this energy sliding northeast. a lot of moisture coming up from the gulf that's just enhancing it. what does that mean for today? we don't have a tornado watch yet, but i anticipate we'll see one for this afternoon, especially for the areas highlighted in the brighter orange color. good risk for a moderate risk for the risk of tornadoes, hail and possible damaging winds. some of these winds could get...
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Dec 31, 2012
12/12
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and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> breaking news tonight, one of the greatest voices of her generation, whitney houston, has died. february 11th, 2012, a tragic end for an iconic singer. whitney houston, who battled with drugs and alcohol for decades, was found dead in a los angeles hotel bathroom. her death was ruled an
and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's...
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123
Dec 30, 2012
12/12
by
CSPAN
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eye 123
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to some extent, we have gained economically through dirt cheap excess of energy. but it will be costly down the road. we still have time to avert a future where we leave our children and grandchildren a degraded planet, but there's not a whole lot of time. >> basically-judges has been -- basically, our idea has been let's make our children richer and they can figure it out here [laughter] my daughters may live to the end of this century. what are they looking at? >> there is still time to prevent -- most scientists classify it as what would constitute a very dangerous impact on the plan met -- on the planet. we can prevent that. we would have to prevent sued to concentration -- would have to prevent co2 concentration. next year, if we were sitting in this room, rudi 397. -- they would be about 397. you can get to 450 pretty soon if we do not make some dramatic changes. if you do the math -- my good friend has going around the country with the do the math tour. we can still prevent dangerous impacts on our climate. but we have to bring our fossil fuel emissions to
to some extent, we have gained economically through dirt cheap excess of energy. but it will be costly down the road. we still have time to avert a future where we leave our children and grandchildren a degraded planet, but there's not a whole lot of time. >> basically-judges has been -- basically, our idea has been let's make our children richer and they can figure it out here [laughter] my daughters may live to the end of this century. what are they looking at? >> there is still...
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112
Dec 27, 2012
12/12
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CSPAN
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eye 112
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i look for that energy. >> thank you, you have a lot of energy, secretary hilda solis, we're glad you came. [applause] [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> we will continue with the forecasts for the coming year's housing market with lawrence yun. a discussion on background checks, how they work, who gets them, and when they are required. our guest is matt bennett. " washington journal," 7:00 eastern. they share their experiences on the various challenges they faced early it into their careers and the workplace family balance. this is 45 minutes. >> debate you every single person here has been up since 5:00. >> the saw her on tv? that was clever. you are not a rhodes scholar for anything. >> 4:30 wakeup for "morning show." >> what time did you get up? :00.:30-5 >> i and the late riser. i get up at 5:00. >> when you are doing the today program, you have to be the last one there at night to make sure you have the overnight. there were late developments and early developments as well. i am there until 10:00 or
i look for that energy. >> thank you, you have a lot of energy, secretary hilda solis, we're glad you came. [applause] [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> we will continue with the forecasts for the coming year's housing market with lawrence yun. a discussion on background checks, how they work, who gets them, and when they are required. our guest is matt bennett. " washington journal," 7:00...
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Dec 30, 2012
12/12
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CSPAN
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eye 101
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and, you know, i've met with jim rogers of -- >> duke energy? >> duke energy, and then, the one -- the other one in new jersey, the big one, and then the florida light and power and i forget the names, but all these guys say that, if you would give us knowledge of how that carbon price is gonna rise, we can deal with that. we will make the investments so that electricity becomes carbon free over a few decades. they -- but we've got to give them that. if we don't give them that, then they're not gonna do it. as long as they can get away with coal plants as the cheapest energy or now gas as a cheaper -- that's what they will use. so we -- they -- we-- some of them have a heart and they understand this and they have children and grandchildren, too. so they could be our friend, but as long -- but if they're doing -- like the ceo of exxon mobil and like the koch brothers, and if they fund disinformation and actual change in textbooks, that's the thing which i'm over -- between christmas and new year, i have an appointment to talk to legal scholars ag
and, you know, i've met with jim rogers of -- >> duke energy? >> duke energy, and then, the one -- the other one in new jersey, the big one, and then the florida light and power and i forget the names, but all these guys say that, if you would give us knowledge of how that carbon price is gonna rise, we can deal with that. we will make the investments so that electricity becomes carbon free over a few decades. they -- but we've got to give them that. if we don't give them that, then...
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Dec 31, 2012
12/12
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CSPAN
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eye 105
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i thought those clothes better than hers, and i saw those clothes with energy. and i get less? this is unfair. unassetable there's a difference in minimum wage and not a difference in the skills of youth. the minimum wage is 21 years and older went up by 11p but for 16 to 18 it stayed the same. is this snare this is up acceptable. this is a campaign, there needs to be a change. thank you. [applause] >> who have we got from the northwest? the northwest. massive troop of people from the northwes ha you all notpoken before? okay. what about the guy at the end? yes. right at the end with the gra suit. >> i'm daniel and i'm from the northwest. minimum wage isn't the be all end all of wages. [inaudible] young people we don't have much experience, massive unemployed people from all ages. they've got more advantage than . we have to pay -- [inaudible] >> we have to can useoo that to our advantage. thank you. >> okay. the young woman in the corner of the chamber. with flowers in her hair, leapt to her feet and has been striving regularly to contribute. now you can be heard. >> i'm from
i thought those clothes better than hers, and i saw those clothes with energy. and i get less? this is unfair. unassetable there's a difference in minimum wage and not a difference in the skills of youth. the minimum wage is 21 years and older went up by 11p but for 16 to 18 it stayed the same. is this snare this is up acceptable. this is a campaign, there needs to be a change. thank you. [applause] >> who have we got from the northwest? the northwest. massive troop of people from the...
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Dec 30, 2012
12/12
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so you have to let it -- let that technology compete against energy efficiency and other forms of energy. >> and we got to wrap it up there. thanks to james hansen, head of nasa goddard institute for space studies, adjunct professor at columbia university's earth institute for his comments here today at climate one. [applause] >> okay. i'd like to -- thank you very much. i'd like to invite ben santer up here to present the award to dr. hansen. ben is a member of the jury and a climate scientist in his own right at lawrence livermore lab. >> jim, you and steve were pioneers of the frontiers of climate science, exploring the role of the oceans in climate change, the role of clouds, the role of aerosol particles, and i could spend a lot of time recounting your scientific contributions. i won't -- i just wanna tell you one very brief story. back in 1988, i was doing my postdoc in hamburg, you testified in front of congress. you said, we see the signal emerging from the noise. that had huge influence on me and on hundreds, thousands of my colleagues. the idea that we could see some coherent h
so you have to let it -- let that technology compete against energy efficiency and other forms of energy. >> and we got to wrap it up there. thanks to james hansen, head of nasa goddard institute for space studies, adjunct professor at columbia university's earth institute for his comments here today at climate one. [applause] >> okay. i'd like to -- thank you very much. i'd like to invite ben santer up here to present the award to dr. hansen. ben is a member of the jury and a...
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Dec 25, 2012
12/12
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felt as though, after september 11, the diversion, and the distraction of the nation's concern and energy into iraq was unpardonable. i felt what -- it was inept and corrupt and opaque. those were tough years for me. i was motivated to see barack obama, sort of a surprise, really. i could not believe we had gotten such a real person, to make it through the filter system of our politics. it meant a lot to me. i know it would have meant a huge amount to my father. i think of him often. so, again, in 2012, kim and i went on the road for obama. we did about three dozen events. it restored my faith in the country, to meet these people who had committed themselves to this reelection campaign. it was the largest grass-roots event we have ever seen in this country. the people involved were fundamentally such good people, i felt. it really meant a lot to me to be involved in an. they were smart, too. they did it really well. they were committed to this mission and they really carried it out beautifully. i should say also that although i am a relentless democrats, i do believe that a dialogue betwe
felt as though, after september 11, the diversion, and the distraction of the nation's concern and energy into iraq was unpardonable. i felt what -- it was inept and corrupt and opaque. those were tough years for me. i was motivated to see barack obama, sort of a surprise, really. i could not believe we had gotten such a real person, to make it through the filter system of our politics. it meant a lot to me. i know it would have meant a huge amount to my father. i think of him often. so, again,...
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Dec 27, 2012
12/12
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your concern has been energy. where will the discovery of energy lead us? >> it is incredibly positive for the united states. already we have gone from going 16 -- 60% dependent down 42%. substantial progress has been made. there are a lot of projections that we could become energy independent over the next several decades. that would be an incredible boon to this country. instead of sending $400 billion or $500 billion to buy scarce energy supplies from people who do not like this, we could be spending that money here at home. think of the difference that will make to the economic strength of the united states. what it will mean to job opportunities, what it will mean to the economic strength of america. and natural gas is a very clean research compared to many of the other options. our progress in reducing our dependence has not just an oil and gas. it has been renewables. 10% of the electricity in my state is provided by wind power. you see these giant wind generating machines. a total transformation of the energy supply of my state and much of the count
your concern has been energy. where will the discovery of energy lead us? >> it is incredibly positive for the united states. already we have gone from going 16 -- 60% dependent down 42%. substantial progress has been made. there are a lot of projections that we could become energy independent over the next several decades. that would be an incredible boon to this country. instead of sending $400 billion or $500 billion to buy scarce energy supplies from people who do not like this, we...
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Dec 25, 2012
12/12
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CSPAN
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eye 104
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that is the kind of energy that was given to me. "i'm going to take a risk. i may not be perfect at it." >> do you work all the time? >> i am in mourning person -- morning person. >> i could be on the west coast and i am not at 5:00 a.m. and people on the west coast would say i'm crazy. i will lose the thought so why do wit. i am an early riser. that was something that was instilled in us. >> is 5:00 a.m. kind of typical? >> yes. >> how late did you work? >> i tried to get in at a decent hour. as a pastime, people do not think that we do this but i like to cook. i try to eat healthy. i will do cooking of vegetables and light entrees. something i enjoy is making home cooked pinto beans. when you brought in a household where that is pretty much all you need, but now it is like a luxury. it is what you put in, the kinds of spices. it is healthy for you. >> you ran the labor department. what is the biggest work ethic for women today? >> breaking through the glass ceiling. we have about 57% of diversity in my kitchen cabinet at the dol. that is hard work. the top
that is the kind of energy that was given to me. "i'm going to take a risk. i may not be perfect at it." >> do you work all the time? >> i am in mourning person -- morning person. >> i could be on the west coast and i am not at 5:00 a.m. and people on the west coast would say i'm crazy. i will lose the thought so why do wit. i am an early riser. that was something that was instilled in us. >> is 5:00 a.m. kind of typical? >> yes. >> how late did you...
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Jan 1, 2013
01/13
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[applause] >> e mentioned the mix of energy. is there a danger that the extraordinary growth creates a sense of abundance and they no longer need to worry about renewable oils. >> it is certainly having an impact. it has slowed down. there's something like 17 nuclear reactors being considered just to keep us at 20's term. that has backed off. the thing we have to worry about is putting all of our eggs in one basket. we have been here where natural gas was a very low cost. then we saw the prices by. it is not where you want to over and guess. as we look at the issue of climate change we need to look at all of those other forms of power that can give us the ability that we would never be energy independent. we certainly are a lot less dependent on countries that do not like us. it will have an impact on our international policy and what we do in the middle east. it is a grave concern. right now because and natural gas is having an impact on the decision makers of where you put your money and how fast you develop. i think they have
[applause] >> e mentioned the mix of energy. is there a danger that the extraordinary growth creates a sense of abundance and they no longer need to worry about renewable oils. >> it is certainly having an impact. it has slowed down. there's something like 17 nuclear reactors being considered just to keep us at 20's term. that has backed off. the thing we have to worry about is putting all of our eggs in one basket. we have been here where natural gas was a very low cost. then we...
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Dec 26, 2012
12/12
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whether it nuclear energy could be the saving factor in providing clean energy for the world. the problem with nuclear energy wofold.o little support to have new plants built in anyone's backyard particularly since the tsunami in japan. the other problem is cost. said it cannot be competitive with natural gas. general electric is a company that builds nuclear power plants. you could make nuclear power work if you accepted as a sunk cost in the future. that is what the chinese are doing. they are building 32 new nuclear power plants to fund the country's future. the indians are building 17. yes, a different set of policies in this country and in europe might make nuclear power the hope of the future. host: let's bring the concept of the all-important dollar back into the equation. with budget matters in this country, do you see money being invested into these great big ideas? guest: these things are always economic issues in the end. what venture capitalist and entrepreneurs want to commercialize. i would say we have to invest in them. if we did not invest in them, we will pay
whether it nuclear energy could be the saving factor in providing clean energy for the world. the problem with nuclear energy wofold.o little support to have new plants built in anyone's backyard particularly since the tsunami in japan. the other problem is cost. said it cannot be competitive with natural gas. general electric is a company that builds nuclear power plants. you could make nuclear power work if you accepted as a sunk cost in the future. that is what the chinese are doing. they...
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Dec 27, 2012
12/12
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if you get a more benign environment, that energy would burst forth. host: jkl tweets in, raising the top tax rate will not make a dent in the annual deficit. money gravitates to tax write-offs and crafted loopholes. guest: that is what you are seeing happening in europe when they are raising tax rates. lower the rates, get rid of these massive deductions, and you would see a cleaner code, a less corrupt code. host: valerie in new jersey on our line for democrats. caller: good morning. the more i listen to mr. forbes speak, i am reminded why the reasons why i have lately not been a consistent viewer of c-span anymore. they twist the truth. there is no integrity in what is said anymore. if you look at the record of spending -- mr. forbes mentioned mr. obama's spending being higher than the bush years. that is not true. the deficit which increases our debt grew so much under obama because he put both wars into the budget. george bush kept them out of the budget, was not paying for them, so things looked good. in the first few years of the obama administr
if you get a more benign environment, that energy would burst forth. host: jkl tweets in, raising the top tax rate will not make a dent in the annual deficit. money gravitates to tax write-offs and crafted loopholes. guest: that is what you are seeing happening in europe when they are raising tax rates. lower the rates, get rid of these massive deductions, and you would see a cleaner code, a less corrupt code. host: valerie in new jersey on our line for democrats. caller: good morning. the more...
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Dec 24, 2012
12/12
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eye 174
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i was an engineer with a passion to try a lot of new stuff and i have a lot of energy. i hired people because i could not do myself what i wanted to do, and so i had employee's. and i respected the work that they did because i gave them good salaries and the very best dental and health insurance, better than lockheed. and i never thought that i was there to grow a business or to make a profit. in fact, the number one thing -- and i always said that even to those who held stock in my company -- the number one thing, the biggest priority for my employees was to have fun. i enjoyed the accomplishment of breakthroughs and the fun of a first applied. and everyone who worked for me deserved to have that enjoyment. the second priority was the families of the employees have fun. that is why we provided good salaries and good health care and so on. the third priority, no cutting to make a profit. it is tough to say that to a stockholder or a board member. but every company i have ever seen go bankrupt, they started having fun -- they stop having fun before that. when people have
i was an engineer with a passion to try a lot of new stuff and i have a lot of energy. i hired people because i could not do myself what i wanted to do, and so i had employee's. and i respected the work that they did because i gave them good salaries and the very best dental and health insurance, better than lockheed. and i never thought that i was there to grow a business or to make a profit. in fact, the number one thing -- and i always said that even to those who held stock in my company --...
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Dec 30, 2012
12/12
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he has also been a big step in of energy policy -- champion of energy policy. discovery of natural gas in your state has changed the economy. where do you think this new discovery of this resource is going to lead us? >> i did it is incredibly positive for the united states. we of gone from 60% foreign energy dependence down to 40%. there are a lot of projections now the we could become energy independent over the next several decades. that would be an incredible boon to this country. instead of sending $400 billion or five order billion dollars abroad every year to buy scarce energy supplies for people who do not particularly like us, we could be spending that at home. think of the difference that will make to the economic strength of united states. think about what it will mean to job opportunities, the economic strength of america. natural gas is a very clean resources compared to many of the other options. our progress . on reducing dependence has also been on grenoble's. -- progress on reducing dependence has also been on renewables. all across north dakot
he has also been a big step in of energy policy -- champion of energy policy. discovery of natural gas in your state has changed the economy. where do you think this new discovery of this resource is going to lead us? >> i did it is incredibly positive for the united states. we of gone from 60% foreign energy dependence down to 40%. there are a lot of projections now the we could become energy independent over the next several decades. that would be an incredible boon to this country....
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Dec 25, 2012
12/12
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it need the energy jiss of the creative imagination as expressed in the arts. it is crucial to the lives of all of our citizens as it is to all human beings at all times that they encounter a world that posseses a trance send nt meaning in which the human experience makes sense. nothing is more dehume nicing, more certain to generate a crisis than to experience one's life as a meaningless event in a meaningless world. we may be approaching what is for our nation unexplored and unperilous territory. europe is experiencing that and the results are not attractive. it seems that when a majority of people internalize the big bang theory and ask with peggy lee is that all there is, when many people decide the universe is the result of a cosmic sneeze with no meaning, when they conclude that therefore life should be filled, overflowing with distractions, comforts and entertainments to aswage the board m, then they may become suss september bling to the excitements of politics that promise ar sets meaning and spures al vations of a human condition berefts and therefore
it need the energy jiss of the creative imagination as expressed in the arts. it is crucial to the lives of all of our citizens as it is to all human beings at all times that they encounter a world that posseses a trance send nt meaning in which the human experience makes sense. nothing is more dehume nicing, more certain to generate a crisis than to experience one's life as a meaningless event in a meaningless world. we may be approaching what is for our nation unexplored and unperilous...
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Dec 31, 2012
12/12
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the epa, the energy, the greek energy party, the green party, all this green energy going on in our country is all regulated to socialize our country. and the biggest thing that is going to bring us down to socialism is obamacare, because it is going to break our backs economically. it has been known for years, and you know it, too, that to control every country, you have got to control the economy. then you can control the people. this administration is working with the u.n. to bring the laws into our country circumventing the constitution, allowing the u.n. to tax us -- the u.n. is supposed to bring out a treaty and make a treaty up that will remove all guns from all people in the world that belong to the un, and the only people who will have guns are police departments and the military. host: that is a separate issue. let's go back to this, the key issue. the fiscal cliff deadline is approaching. the midnight deadline. from montana, on airline for democrats, good afternoon, spike. caller: good afternoon, and caller: everyone. -- good afternoon, everyone. the fiscal cliff as been on the t
the epa, the energy, the greek energy party, the green party, all this green energy going on in our country is all regulated to socialize our country. and the biggest thing that is going to bring us down to socialism is obamacare, because it is going to break our backs economically. it has been known for years, and you know it, too, that to control every country, you have got to control the economy. then you can control the people. this administration is working with the u.n. to bring the laws...
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Dec 31, 2012
12/12
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. >> where is the energy? the energy is in the united states. stop these strikes. stop labor. and i think that the stalin -- always been a convenient distraction for the right and the center, the trumanites. up to today to get -- >> the fact the communists were doing what they doing made it easy for the right to use that. >> and that's what concerns me. whenow see all the liberals, and also the truman liberals, the clark cliffords that will drift in this direction, and it changes american history terribly because right now we have no union movement. i think the concept of labor versus capital is not even discussed in this country. >> this is what has happened and this is far more important, frankly, than pointing the finger at the soviet union. why not point it, as i said earlier, at churchill and greece and athen inches -- athens in 1944. >> we'll jump forward afterwards. >> on the go? after words is available via pod cast through itunes and xml. visit booktv.org and select which padcast you would you like to download and listen to after words while you travel. >> okay. like
. >> where is the energy? the energy is in the united states. stop these strikes. stop labor. and i think that the stalin -- always been a convenient distraction for the right and the center, the trumanites. up to today to get -- >> the fact the communists were doing what they doing made it easy for the right to use that. >> and that's what concerns me. whenow see all the liberals, and also the truman liberals, the clark cliffords that will drift in this direction, and it...
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Jan 1, 2013
01/13
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undaunted courage, an indomitable energy, speaking truth to power regardless of its cost. they grappled with the great political and moral issues of their time so that we might harness and clarify their vision to me to the imposing in tangencies of our present. thank you so much for coming and for listening. [applause] >> if you have questions, we have to microphones on either side of the center section. please let us know if you have questions. ms. hertog is willing to answer them for just a few minutes. thank you. >> hello. >> you mentioned that thompson left for england with $150. really without any track record of any career in journalism. how did she actually break and in london? i know she became the first foreign correspondent, but how did she break the egg and get in? >> well, she went to the international news service and volunteered her services. she said don't pay me anything. just give me assignments and i will do whatever you want me to do. and i promise to bring back the story. and that's how she made her way into journalism, in to foreign correspondents. she
undaunted courage, an indomitable energy, speaking truth to power regardless of its cost. they grappled with the great political and moral issues of their time so that we might harness and clarify their vision to me to the imposing in tangencies of our present. thank you so much for coming and for listening. [applause] >> if you have questions, we have to microphones on either side of the center section. please let us know if you have questions. ms. hertog is willing to answer them for...
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Dec 29, 2012
12/12
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. >> directing your energies like continuing the trustee in the preservation of all that means billion don't care whether it's physical or digital. >> and $0.1 the agency that i had, because i hate to speak exclusively, a love affair with the printed word. not on how something was presented, we were very public oriented. so you do everything you possibly can to move into the public domain. that implies you use every conceivable restaurant. we are in the knowledge development and the knowledge dissemination. we do a film. we preserve will books. we help finance the writing of new books. then we try to bring the public in texas to analysis. therefore we are very big into digitization. one of my favorite quotes, the archivist to lexus said particularly in the area of research, many young people, scholars from if it is in on the internet it doesn't exist. that's a fairly awesome thought. and so that means that it speaks to nextel's as well as tech ~. i think real identify with that, but we also identify with what i hope is that dual circumstance, have a book with paper and also have a book
. >> directing your energies like continuing the trustee in the preservation of all that means billion don't care whether it's physical or digital. >> and $0.1 the agency that i had, because i hate to speak exclusively, a love affair with the printed word. not on how something was presented, we were very public oriented. so you do everything you possibly can to move into the public domain. that implies you use every conceivable restaurant. we are in the knowledge development and the...
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Dec 30, 2012
12/12
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. >> guest: where is the energy? the energies in the united states. stop the strikes, stop labor. and i think stalin has always been convenient for distraction for the right in the center, the truman nights, the center up to today. >> host: i just think the fact that the communist were doing what they were doing also made it easier for the right to use that. >> guest: and to scare people in this country. >> guest: when you see all the liberal so to speak, and also the chairman liberals, the clark clifford's that would drift in this direction, changes american history terribly because right now with the union movement, the concept of labor versus capital is not even discussed in this country. this is what has happened and this is far more important than pointing the finger at the soviet union. why not point it as i said earlier at churchill in greece in athens in 1944? let's be a little bit more -- host go egalitarian. we will jump forward after this. >> host: okay, i would like to jump forward to the 18 60's, the late great 18 60's and talk about john f. kennedy still perhaps the
. >> guest: where is the energy? the energies in the united states. stop the strikes, stop labor. and i think stalin has always been convenient for distraction for the right in the center, the truman nights, the center up to today. >> host: i just think the fact that the communist were doing what they were doing also made it easier for the right to use that. >> guest: and to scare people in this country. >> guest: when you see all the liberal so to speak, and also the...
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Jan 1, 2013
01/13
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community who rely on energy tax breaks to keep on moving and keep on producing. so i don't want to see economic growth derailed. it was too horribly painful to sit through this very difficult economic recovery inch by inch, every day hoping we would push forward despite the odds. we have the -- we had the economic crisis in europe that weighed on us as well. well, what we did this morning was important. so i want to close by saying this to my friends in the house, all of them, democrats, republicans, liberals, moderates and conservativesmen conservati. this is not a perfect deal. we all know it. you know, each of us can find a piece of it that we really, really don't like. but on the whole, it will give certainty to this economy. in many cases, many of the provisions are permanent, like the a.m.t. it gives certainty and certainty is critical. we will not go back. we will not take billions and billions of dollars out of this economy. we can't do that now. and i would say to my conservative friends over there, now it's the 1st of the year, you're actually cutting t
community who rely on energy tax breaks to keep on moving and keep on producing. so i don't want to see economic growth derailed. it was too horribly painful to sit through this very difficult economic recovery inch by inch, every day hoping we would push forward despite the odds. we have the -- we had the economic crisis in europe that weighed on us as well. well, what we did this morning was important. so i want to close by saying this to my friends in the house, all of them, democrats,...